DFX Intelligence

Allocator Intelligence

The capital-owner graph behind private markets. Who owns the capital, who decides, how much, under what policy, on whose advice, to which managers, and what changed, with a source and a date behind every row. A target is never an actual, a disclosed holding is never an approval, and an estimate says so.

Corporate pension

Howard Miller - Hekman Defined Benefit Pension Plan

Corporate pensionZeeland, MI

Assets

n/a

Total assets, Dec 4, 2024 reported

Funded

104.4%

Jan 1, 2024

Private markets target

n/a

policy Dec 31, 2023

Commitments

none on the tape

Plan sponsor: Howard Miller Company

Allocation policy

Form 5500, as of Dec 31, 2023

Actual allocation lines without a target (as filed)

Pooled separate accounts 87.3%

Consultants and advisers

6 firms

Principal Securities Inc Investment adviser (plan)through Dec 31, 2023 Form 5500
Next Financial Group Inc Investment adviser (plan)through Dec 31, 2023 Form 5500
Principal Financial Group Actuarythrough Dec 31, 2023 Form 5500
Watkins Ross Actuarythrough Dec 31, 2022 Form 5500
Principal Spectrum Asset Management Trusteethrough Dec 31, 2022 Form 5500
The Huntington National Bank Custodianthrough Dec 31, 2022 Form 5500

People

No investment staff or executives have been read for this allocator yet.

Manager roster

1 managers on the commitment tape

From the plan’s own commitment disclosures

Principal18 rows, latest Dec 31, 2023

From Schedule C (investment management, code 28)

Fifth-Third Bank Retirement Svcsplan years 2022

Commitments

18 rows, 0 dated closings

Disclosed holdings (from the plan’s performance or holdings report, as of the report date)

Date	Fund	Manager	Bucket	Amount	Status	Source
as of Dec 31, 2023	Prin Liquid Assets Sep Acct-Zseparate account	Principal	Pooled vehicles	$4.6M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Midcap Growth Sep Acct-Zseparate account	Principal	Pooled vehicles	$109,049 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Lgcp S&p 500 Index Sa-Zseparate account	Principal	Pooled vehicles	$795,945 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Midcap Value I Sa-Zseparate account	Principal	Pooled vehicles	$163,379 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Intl I Separate Acct-R6separate account	Principal	Pooled vehicles	$767,234 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Smcap S&p 600 Index Sa-Zseparate account	Principal	Pooled vehicles	$133,224 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Midcap S&p 400 Idx Sa-Zseparate account	Principal	Pooled vehicles	$150,820 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Smcap Growth I Sep Acct-Zseparate account	Principal	Pooled vehicles	$138,851 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Largecap Value III Sa-R6separate account	Principal	Pooled vehicles	$379,607 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Real Estate Secs Sa-Zseparate account	Principal	Real estate	$169,425 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Smcap Value II Sep Acct-Zseparate account	Principal	Pooled vehicles	$149,070 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Ldi Long Duration Sa-Zseparate account	Principal	Fixed income	$3.3M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Principal Overseas Sep Acct-Zseparate account	Principal	Pooled vehicles	$114,785 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Principal Div Real Asset Sa-Zseparate account	Principal	Real assets	$112,905 held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Ldi Short Dur Sep Acct-Zseparate account	Principal	Pooled vehicles	$4.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Ldi Intrm Dur Sep Acct-Zseparate account	Principal	Pooled vehicles	$4.2M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Ldi Ext Dur Sep Acct-Zseparate account	Principal	Pooled vehicles	$2.5M held	Disclosed holding	askebsa.dol.gov
as of Dec 31, 2023	Prin Blue Chip Sa-Zseparate account	Principal	Pooled vehicles	$505,453 held	Disclosed holding	askebsa.dol.gov

Size and funding

31 readings

Total assets

$0 Dec 4, 2024 reported Form 5500

$26.0M (2023-12) · $23.8M (2022-12)

Plan assets

$25.9M Jan 1, 2024 reported Form 5500

$23.8M (2023-01) · $33.6M (2022-01)

Net assets

$0 Dec 4, 2024 reported Form 5500

$26.0M (2023-12) · $23.8M (2022-12)

Funded ratio

104.4% Jan 1, 2024 reported Form 5500

90.0% (2023-01) · 102.2% (2022-01)

Funding target

$25.8M Jan 1, 2024 reported Form 5500

$29.1M (2023-01) · $31.0M (2022-01)

Discount rate

5.11% Jan 1, 2024 reported Form 5500

5.19% (2023-01) · 5.36% (2022-01)

Participants

138 Jan 1, 2024 reported Form 5500

371 (2023-01) · 533 (2022-01)

Contributions

$1.0M Dec 4, 2024 reported Form 5500

$3.7M (2023-12) · $100,000 (2022-12)

Benefits paid

$27.3M Dec 4, 2024 reported Form 5500

$4.3M (2023-12) · $4.2M (2022-12)

Net investment income

$-26.0M Dec 4, 2024 reported Form 5500

$2.2M (2023-12) · $-9.8M (2022-12)

Investment management fees

$1,372 Dec 4, 2024 reported Form 5500

Form 5500 filings

3 plan years

Plan year	Participants	Assets (SB market)	Funding target	FTAP	Total assets (H)	Partnerships / JV	Master trust	Real estate
2024 to Dec 4, 2024	138	$25.9M	$25.8M	104.4%	$0	n/a	n/a	n/a
2023 to Dec 31, 2023	371	$23.8M	$29.1M	90.0%	$26.0M	n/a	n/a	n/a
2022 to Dec 31, 2022	533	$33.6M	$31.0M	102.2%	$23.8M	n/a	n/a	n/a

Service providers and investment entities as filed (Schedule C and D, latest year first)

Principal Life Insurance Company codes 13 50 64 $245,511 PY2024
Hungerford codes 10 50 $11,500 PY2024
Next Financial Group Inc codes 27 99 PY2024
Prin Lgcp S&p 500 Index Sa-Z Sched. D P PY2024
Prin Midcap Value I Sa-Z Sched. D P PY2024
Prin Intl I Separate Acct-Z Sched. D P PY2024
Prin Smcap S&p 600 Index Sa-Z Sched. D P PY2024
Prin Midcap S&p 400 Idx Sa-Z Sched. D P PY2024
Prin Smcap Growth I Sep Acct-Z Sched. D P PY2024
Prin Liquid Assets Sep Acct-Z Sched. D P PY2024
Prin Midcap Growth Sep Acct-Z Sched. D P PY2024
Prin Ldi Ext Dur Sep Acct-Z Sched. D P PY2024
Prin Blue Chip Sa-Z Sched. D P PY2024
Prin Largecap Value III Sa-Z Sched. D P PY2024
Prin Real Estate Secs Sa-Z Sched. D P PY2024
Prin Smcap Value II Sep Acct-Z Sched. D P PY2024
Prin Ldi Long Duration Sa-Z Sched. D P PY2024
Principal Overseas Sep Acct-Z Sched. D P PY2024
Principal Div Real Asset Sa-Z Sched. D P PY2024
Prin Ldi Short Dur Sep Acct-Z Sched. D P PY2024
Prin Ldi Intrm Dur Sep Acct-Z Sched. D P PY2024
Principal Financial Group codes 11 PY2024
Principal Life Insurance Company codes 13 50 64 $148,675 PY2023
Watkins Ross codes 11 50 $27,745 PY2023
Hungerford codes 10 50 $11,300 PY2023
Principal Securities Inc codes 27 99 PY2023
Next Financial Group Inc codes 27 99 PY2023
Prin Midcap Growth Sep Acct-Z Sched. D P $109,049 PY2023
Prin Lgcp S&p 500 Index Sa-Z Sched. D P $795,945 PY2023
Prin Midcap Value I Sa-Z Sched. D P $163,379 PY2023
Prin Intl I Separate Acct-Z Sched. D P $767,234 PY2023
Prin Smcap S&p 600 Index Sa-Z Sched. D P $133,224 PY2023
Prin Midcap S&p 400 Idx Sa-Z Sched. D P $150,820 PY2023
Prin Smcap Growth I Sep Acct-Z Sched. D P $138,851 PY2023
Prin Largecap Value III Sa-Z Sched. D P $379,607 PY2023
Prin Real Estate Secs Sa-Z Sched. D P $169,425 PY2023
Prin Smcap Value II Sep Acct-Z Sched. D P $149,070 PY2023
Prin Ldi Long Duration Sa-Z Sched. D P $3.3M PY2023
Principal Overseas Sep Acct-Z Sched. D P $114,785 PY2023
Principal Div Real Asset Sa-Z Sched. D P $112,905 PY2023
Prin Ldi Short Dur Sep Acct-Z Sched. D P $4.5M PY2023
Prin Ldi Intrm Dur Sep Acct-Z Sched. D P $4.2M PY2023
Prin Ldi Ext Dur Sep Acct-Z Sched. D P $2.5M PY2023
Prin Blue Chip Sa-Z Sched. D P $505,453 PY2023
Prin Liquid Assets Sep Acct-Z Sched. D P $4.6M PY2023
Prin Intl Smallcap Sep Acct-Z Sched. D P PY2023
Principal Financial Group codes 11 PY2023
Fifth-Third Bank Retirement Svcs codes 23 52 $69,248 PY2022
Principal Life Insurance Company codes 21 22 $48,104 PY2022
The Huntington National Bank codes 19 $15,101 PY2022
Watkins Ross codes 11 $14,130 PY2022
Hungerford Nichols CPAS + Advisors codes 10 $8,700 PY2022
Watkins Ross codes 11 PY2022

What changed

7 events

Dec 31, 2024Consultant changedinference
Principal Securities Inc no longer appears on Howard Miller - Hekman Defined Benefit Pension Plan's Schedule C as investment adviser (plan) (plan year 2024 vs 2023)
with Principal Securities Incaskebsa.dol.gov
Dec 4, 2024Assets changed
Howard Miller - Hekman Defined Benefit Pension Plan total assets $26M -> $0 (-100.0%, 2023-12-31 to 2024-12-04)
askebsa.dol.gov
Jan 1, 2024Funded status changed
Howard Miller - Hekman Defined Benefit Pension Plan funded ratio 90.0% -> 104.4% (2023-01-01 to 2024-01-01)
askebsa.dol.gov
Dec 31, 2023Consultant changedinference
Principal Securities Inc appears on Howard Miller - Hekman Defined Benefit Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)
with Principal Securities Incaskebsa.dol.gov
Dec 31, 2023Consultant changedinference
Next Financial Group Inc appears on Howard Miller - Hekman Defined Benefit Pension Plan's Schedule C as investment adviser (plan) (plan year 2023 vs 2022)
with Next Financial Group Incaskebsa.dol.gov
Jan 1, 2023Funded status changed
Howard Miller - Hekman Defined Benefit Pension Plan funded ratio 102.2% -> 90.0% (2022-01-01 to 2023-01-01)
askebsa.dol.gov
Jan 1, 2023Assets changed
Howard Miller - Hekman Defined Benefit Pension Plan plan assets $34M -> $24M (-29.2%, 2022-01-01 to 2023-01-01)
askebsa.dol.gov

Board record: approvals, recommendations, searches, terminations and re-up prospects for this system.

Provenance

Identifiers: EIN-PN 381258662-001

Cross-graph: no entry on another DFX graph

First observed Sep 15, 2026, last observed Sep 15, 2026. Classification confirmed. Every row above carries its source; a reported figure is the subject’s own, a derived one is arithmetic on reported figures, an estimated one is a model or a survey imputation and is never summed into a headline.